puraoohas (none) (26 Points)
18 December 2010will publishing info. about audit firm on a website which brings potential customers audit need and audit firm giving such service amount to professional misconduct on part of the audit firm or is this prohibited under the act ?
eg: xyz needs concurrent auditor, p is a firm providing the service.
a website lists the audit firm name from where xyz can choose a concurrent auditor. Will this amount to prof. misconduct for P or prohibited for the website developer
CA Sandeep Kumar
(Audit Assistant)
(804 Points)
Replied 20 December 2010
Mere advertisement for want of professionals by an audit firm or mere listing of services provided by a firm will not amount to professional misconduct. There is also a notification in this regard from ICAI as to how an advertisement should be, for more details visit
https://www.icai.org/new_post.html?post_id=4630&c_id=237
chandu
(a.m)
(25 Points)
Replied 03 February 2012
Can we treat "Investment in MF/CDs/CPs - " is a financial assets.
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